|
|
Archive
- 4/19/2024 -
Sign In to see current Signals. |
Morgan Stanley (MS) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Morgan Stanley (MS). During the week, the MS gained 4.47 points, or 5.19%, and closed at 90.66 on Friday, April 19, 2024. It was the best weekly gain since December 15, 2023. Weekly volume was 34% above average.
MS is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See MS long-term trend chart]
A long-term downtrend had started on February 10, 2022 at 109.73 and reached 69.42 on October 30, 2023. MS lost 40.31 points, or 36.74%, in 89 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (90.76). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See MS medium-term trend chart]
A medium-term uptrend had started on October 30, 2023 at 69.42 and reached 94.74 on April 4, 2024. MS gained -25.32 points, or -36.47%, in 22 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (91.82) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See MS weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since December 1, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See MS short-term trend chart]
A short-term downtrend had started on April 4, 2024 at 94.74 and reached 85.01 on April 11, 2024. MS lost 9.73 points, or 10.27%, in 7 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 75.11 and resistance is at 92.54. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See MS daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since April 9, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|